BBVA Compass wraps up a four-month pilot program in December designed to provide financial education workshops through partnerships with local nonprofit organizations. Based on the success of the pilot program, the bank plans to execute a full program launch next year.
Sustainability and Responsible Banking
Sustainability and Responsible Banking
The Turkish Women Entrepreneurs Competition recently celebrated its 12th edition. During the ceremony, the first and only one of its kind, the names of the winners of the four award categories - Turkish Woman Entrepreneur of the Year, Turkish Woman Entrepreneur Who Made a Difference in Her Region, Most Promising Turkish Woman Entrepreneur and Turkish Woman Social Entrepreneur of the Year – were announced.
BBVA Momentum, the social enterprise accelerator program launched in Spain and Mexico in 2011, wrapped up its second year in the U.S. in November with 16 entrepreneur participants.
The European Investment Bank (EIB), together with the global data company YouGov, has published the first-of-its-kind citizens climate change survey revealing popular beliefs about climate change and its economic impact. The study, which involved 25,000 people in the European Union, the United States, and China, exposes the extent to which the general public is concerned about climate change and what it means to their bottomline.
BBVA joined ING, BNP Paribas, Société Générale and Standard Chartered in a joint commitment to adapt their lending portfolio to the Paris Agreement on Climate Change. In an open letter to the global leaders and heads of state currently meeting at the 24th session of Conference of Parties to the United Nations Framework Convention on Climate Change (COP24) in Katowice (Poland), these banks committed to finance and design financial services that are needed to support clients as they transition to a low carbon economy.
The Principles for Responsible Banking were announced in Paris on November 26. BBVA is one of the founding banks involved in this initiative, which forms a part of the United Nations Environmental Programme.
The Principles for Responsible Banking were presented in Paris on November 26. These principles are the result of a joint initiative comprising 28 financial institutions and the United Nations that aims to take on the climate change and sustainability challenges facing society today.
The UN Climate Change Conference, held at the UN's annual Conference of the Parties (COP), are international meetings that aim to negotiate and and agree the activities that need to be addressed by global climate policy. On the heels of the announcement in Paris of its participation in the UN’s Principles for Responsible Banking, BBVA also joins this global initiative for a sustainable future.